-how to correct errors in a bank reconciliation -what purpose does a bank reconciliation serve? -what is an NSF check and how is it reflected on a bank rec?
-how is CGS determined in a periodic system? what would result in an over or understatement of ending inventory? what is accumulated depreciation?
-what does the process of posting do? -using the same method year after year is in line with which GAAP principle?
-what is a current liability vs. long term liability?
-given info for stock – how to calculate the balance in the common stock account?
-what are the differences the difference between authorized, issued, and outstanding shares of stock